Intel quits from consumer electronics biz

Written by Petteri Pyyny @ 22 Oct 2001 2:35

Intel announced last week that it will cease its consumer electronics division that currently manufactures portable MP3 players, digital cameras, etc.. Company says that these markets didn't have the long-term growth potential company was originally seeking from CE business -- instead company will focus on networking products and processors, its core business.

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Intel quits from consumer electronics biz

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